# Using budgets for Savings Plans
<a name="sp-usingBudgets"></a>

You can use AWS Budgets to set budgets for your Savings Plan utilization, coverage, and costs. You can track your costs as you continue to optimize through AWS.

You can create and set up a budget for your Savings Plans in two ways:
+ [Using a template (simplified)](https://docs.aws.amazon.com/savingsplans/latest/userguide/sp-create-savingsplans-budget-template.html)
+ [Customizing a budget (advanced)](https://docs.aws.amazon.com/savingsplans/latest/userguide/sp-create-savingsplans-budget.html)

For more information, see [Managing Your Costs with AWS Budgets](https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/budgets-managing-costs.html) in the *AWS Cost Management User Guide*.